Ixonia Bank · Alabama · 2025

Ixonia Bank in Alabama: approval rate, denial rate and rates (2025)

Ixonia Bank took 163 mortgage applications in Alabama in 2025, ranking #170 of 990 lenders active in the state. It originated 66.9% of them and denied 3.7% (5.2% of the applications it decided), against a statewide denial rate of 19.9%.

163Applicationsin AL
5.2%Decision denial ratestate 25.0%
6.13%Median ratestate 6.50%
$235,000Median loanstate $165,000
$27MVolume32 counties

Ixonia Bank in Alabama vs the state

3.7%Denial rate-16.17 pts vs state
5.2%Decision denial rate-19.83 pts vs state
66.9%Origination rate+11.48 pts vs state
6.13%Median rate-0.38 pts vs state
0.52Rate spread (pts)+0.23 pts vs state
$88kMedian applicant income
109Loans originated
6Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023834613.3%6.93%#231
2024793819.0%6.88%#246
20251631093.7%6.13%#170

What Ixonia Bank lends in Alabama

By loan purpose

Home purchase 129 79% · 3.9% denied
Refinance 9 6% · 0.0% denied
Cash-out refinance 16 10% · 6.3% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 8 5% · 0.0% denied

By loan type

Conventional 88 54% · 3.4% denied
FHA 43 26% · 4.7% denied
VA 32 20% · 3.1% denied

Why it denied Alabama applicants

Other 2 33%
Insufficient cash 2 33%
Unverifiable information 1 17%
Debt-to-income ratio 1 17%

Where in Alabama

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 54380 0.0%
Limestone County 1790 0.0%
Etowah County 17102 11.8%
Morgan County 960 0.0%
Mobile County 521 20.0%
St. Clair County 532 40.0%
DeKalb County 430 0.0%
Jackson County 420 0.0%
Walker County 320 0.0%
Escambia County 310 0.0%

Other large lenders in Alabama

LenderGradeApplicationsDenial rateMedian rate
Regions BankC 11,87137.2%4.99%
Rocket MortgageC 9,94120.5%6.63%
Vanderbilt Mortgage and FinanceF 8,46141.4%9.50%
United Shore Financial ServicesB 7,68912.0%6.13%
21st MortgageF 6,50746.0%9.98%
Mortgage Research CenterC 5,10718.4%6.25%
REDSTONE Federal Credit UnionC 4,54818.9%8.13%
Dhi Mortgage CompanyB 3,90917.5%4.99%
Freedom MortgageB 3,7258.7%6.25%
Pennymac Loan ServicesC 3,61111.6%6.25%

Frequently asked questions

Alabama: 163 applications in 2025, of which 109 were originated and 6 denied.

3.7% of all applications, or 5.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Ixonia Bank originated in Alabama in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Ixonia Bank's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology